IMPORTANT NEWS: National Electric Vehicle Sweden has agreed to buy the assets of Saab Automobile and the sale is expected to be finalized during the summer.

Tuesday, September 13, 2011

Saab one step closer to Chinese millions

Today the local department of the National Development and Reform Commission (NDRC) in the Zhejiang province approved Youngman and Pang Da's plans to invest EUR 245 million in Saab's parent company Swedish Automobile and thus become major shareholders of Saab and its parent company.

Two down, and still a few to go. But we are on the way!